Process 2-01

We have created and fine-tuned a unique wealth planning process — constantly striving to stay ahead of industry “standards” and deliver a better experience for our clients. We are quite proud of our process and dedication to improve it. We look forward to the opportunity to share it with you.

Consultation—We are prudent in selecting the quantity of clients with whom we work, only committing to those we believe we can best serve. The purpose of the initial consultation is simply to determine if we are a good fit for each other. We want to get to know you and learn about your goals and aspirations. Likewise, we want to share our integrated wealth planning approach with you and answer your initial questions. Our hope is to arm you with enough information to help you make an informed decision about something as important as your financial partner. The goal of this meeting is simply to determine if we should meet again.

Engagement—We believe transparency is of the upmost importance. Our second meeting will be dedicated to laying out our detailed proposal which explains why we believe it makes sense to add us to your team as well as the specific costs involved. At the end of this meeting, you will have the choice to engage Genex Consulting as your wealth planning partner. We hope to have earned the right for you to feel comfortable making that choice.

Discovery—The goal of this meeting is to get a more comprehensive picture of your finances. Prior to our discovery meeting, we will collect, organize and analyze all of your important financial and legal documents. A Document Checklist is created so you know what is needed to perform true holistic planning. Collecting information prior to our meeting gives us the opportunity to prepare questions to clarify anything that is unclear in the documents. The Discovery meeting also gives us the opportunity to ask questions so we can better get to know you.

Visualization—What if you could see how your choices today affect your financial future? At the visualization meeting, we will bring your current financial status to life. We will illustrate your written goals and objectives, as we understand them, as well as review preliminary financial models. The goal of this meeting is to ensure we have not missed anything in truly understanding who you are, what you want to accomplish and where you stand on your financial journey. Before we can begin to design your plan we must confirm we understand all these items.

Focus—The next step is to present our recommendations to you. Once we have collaborated with the rest of your key advisors, we will present you with our observations and recommendations in each planning area. Our goal is to outline complex strategies in a straightforward manner and work with you to prioritize the action items. Depending on the complexity of the situation, we may conduct several focus meetings in order to avoid the risk of “information overload”. Each planning area is too important to rush and we want our clients to have enough information to make the very best decisions for themselves and their loved ones.

Action—We will plan a series of implementation meetings to put your plan in motion. Our promise to you is to do whatever it takes to get the job done. These meetings often involve your other key advisors to wrap up tax, legal and additional planning implementation.

Balance Sheet Excellence—Your life’s work is serious business and its worth protecting. We believe you should never be more than a click away from up-to-date balance sheets and proof that everything is set up correctly. Our clients receive a personal and secure website where they can access net worth statements that are updated daily, as well as an online vault where important documents such as contracts, leases, titles and beneficiary designations are safely housed. It’s just one of the ways we provide life-changing clarity for our clients.

Clients for Life—With great responsibility comes great reward. Our goal is to develop mutually beneficial relationships with our client and their families for life. On an annual basis, we will evaluate the need for ongoing planning services. Clients that choose to renew our services will meet with us at minimum three times per year to reevaluate their plan and discuss opportunities for improvement that arise due to changes in life, the economy and tax laws. As your wealth planning partner, we are available to help you at any time. We will consistently strive to provide superior wealth management services for you and your family so you are free to experience life to the fullest.